Foxcroft Charlotte NC - Market Absorption Trend - JAN 2010
Foxcroft, one of the most beautiful communities in Charlotte NC, is a one-of-a-kind neighborhood located just minutes from Center City. As it has been for years, Foxcroft is one of Charlotte’s most desirable neighborhoods - the homes are surrounded by mature trees and gorgeous landscaping. Old oaks canopy the driveways and streets throughout the neighborhood, seeiming to envelope you as you drive through this stately community. Homes for sale in Foxcroft neighborhood range from $500,000 to over $2.5 million. From classic traditional to French Provencial, Foxcroft's regal homes remain some of the most sought-after homes in all of Charlotte.
Charlotte NC home sales in the $1M + price range have been hit the hardest during this recession. Fortunately for Foxcroft sellers, if the home is priced right, this neighborhood is faring much better than the others in Charlotte. Savvy Foxcroft Charlotte NC sellers are pricing to sell and realizing their return is going to be gained on the purchase of their new home in their destination cities rather than 'holding out' for months and months for 'top dollar here.' Below is the most recent market absorption trend -
Here are the pending and conditional stats on Foxcroft Charlotte NC -
View the homes for sale in Foxcroft - you may just find your Foxcroft Charlotte NC dream home today!
(THE best Charlotte home search available - no kidding!)
Debe Maxwell, CRS/Realtor®/Broker
Broker@TheCharlotteScoop.com
Phone (704) 491-3310
We're still seeing our upper end homes at about the same rate. Our lower end has changed drastically. It went from 14 to 5 in the last 8 months.
Hi Debe,
Great presentation on Foxcroft Charlotte. I like your terms of Market Aborption Trend..I'm sure your concise report will be viewed by many with a definite impression that you are the agent to call to sell their home.
Debe Foxcroft looks like another outstanding neighborhood. You have done a very nice job explaining the area and providing market stats.
Debbie, great market report...you certainly always take them to the next level. ALthough always advanced, they are still so easy to read and follow. Great job!
Great report.. I want to live in Foxcroftt, what a great looking place, definitely a dream home.
Debe...Looks like the prices over 1.2 stay on the market much longer...Cherise
Debe, I haven't seen anyone using the market absorbtion rates yet, We get this data, but I haven't been using it yet. Thanks for the reminder.
Debe ---- very smart of you to use the market absorption in your post -- excellent post about Foxcroft,Charlotte -- and I love your music.
Debe Any subdivision with average sales prices of $1 million has to be one of the very most desireable subdivisions in any major metropilitan market - good for you representing it - you obviously have earned the right Karen
Debe
Thanks for sharing the market information for Foxcroft, sounds like a great Charlotte NC neighborhood.
Good luck and success.
Lou Ludwig